-
Reports indicate that after Punjab National Bank (PNB) and State Bank of India (SBI), now Union Bank of India has been hit by a fraud. In an interview to CNBC-TV18, Rajkiran Rai G, Managing Director & CEO of Union Bank of India spoke about the latest happenings in his company and sector.
-
The Reserve Bank of India (RBI) has come up with a new constitution for non-performing assets (NPAs) by withdrawing all existing guidelines on restructuring of bad assets. Schemes like corporate debt restructuring (CDR), strategic debt restructuring (SDR), 5 by 25, Scheme for Sustainable Structuring of Stressed Assets (S4A) have been replaced by new guidelines. In an interview with CNBC-TV18, PS Jayakumar, MD and CEO of Bank of Baroda spoke about the latest happenings in his company and sector.
-
I am very bullish on India. The recent numbers clearly indicate that the growth momentum is coming back particularly on the industry front, said KV Kamath, President of New Development Bank.
-
Two weeks after the Rs 12,700 crore fraud came to light at Punjab National Bank, there have been rapid developments in the case. Watch accompanying video to unpack news points and interviews of Injeti Srinivas, Secretary of Corporate Affairs & Vishesh Chandiok National Managing Partner at Grant Thornton India LLP.
-
Nirav Modi gives ‘Concrete Proposal’ to Punjab National Bank (PNB) to settle dues. In an interview with CNBC-TV18, Shriram Subramanian, Founder and MD of Ingovern shared his views and readings on the same.
-
Watch the interview of Prakash Diwan of www.prakashdiwan.in with Mangalam Maloo on CNBC-TV18. He shared his readings and outlook on Ashok Leyland's February sales number and also gave his view on Punjab National Bank scam.
-
In an interview to CNBC-TV18, KVS Manian, President Corporate, Institutional & Investment Banking, Kotak Mahindra Bank, from the side lines of Kotak Institutional Equities - Chasing Growth Conference, spoke about the latest happenings in his bank and the sector.
-
The latest in the Punjab National Bank (PNB) fraud case --- the bank has revealed that the quantum of fraud in the Nirav Modi case could be larger than what they expected it to be.
-
The four-day, Kotak Institutional Equities-Chasing Growth Conference is underway in Mumbai. In an interview to CNBC-TV18, Rajnish Kumar, Chairman of State Bank of India (SBI), from the sidelines of the conference, spoke about the latest happenings in SBI and also shared his views on the fraud at Punjab National Bank (PNB).
-
The fraud at Punjab National Bank (PNB) has raised concerns over the economic state of affairs at public sector banks triggering demands of privatization of public sector banks (PSBs). FICCI president Rashesh Shah urged the Finance Minister Arun Jaitley to begin the process of bank privatisation in a phased manner.
-
Care Ratings has put ratings of various instruments of Punjab National Bank (PNB) under review. In an interview to CNBC-TV18, Rajesh Mokashi, MD & CEO of the company spoke at length about PNB ratings.
-
In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank spoke about how the sector overall is dealing with the aftermath of what has been a big fraud headline.
-
"I am embarrassed as a banker” that is Uday Kotak's reaction to the Rs 11,400 crore alleged fraud at Punjab National Bank (PNB). Reacting to the Nirav Modi scandal, Uday Kotak, Vice Chairman & MD of Kotak Mahindra Bank said it is time to focus on a new institutional framework for public sector undertaking (PSU) banks and "not finger pointing" at bankers, regulators or others. CNBC-TV18’s Shereen Bhan caught up with Uday Kotak ahead of this year's Chasing Growth Annual Conference held by the group. Kotak also hinted that there is could be further correction in the stock markets and it will only make Dalal Street "more healthy".
-
In an interview to CNBC-TV18, Vijay Aggarwal, Counsel for Nirav Modi said that there is no scam.
-
In an interview to CNBC-TV18, Alka Anbarasu, VP-Financial Institutions Group at Moody's Investors Service spoke about placing Punjab National Bank’s (PNB) rating under review for a downgrade.
-
In an interview to CNBC-TV18, Rajeev Chandrasekhar, MP of Rajya Sabha, and Hari Prasad, the Whistleblower who wrote letter to the PMO of a possible scam at PNB in 2016 discussed the key developments of the scam.
-
He explained that the fraud was bound to happen because banks need a better risk management system and said that he has seen bigger heists in other trading rooms.
-
In an interview to CNBC-TV18, three Former RBI Deputy Governors, KC Chakrabarty, R Gandhi, and SS Mundra, and RK Bakshi, Former ED of Bank of Baroda discussed about the various developments in the PNB fraud.
-
India’s second largest state-run lender Punjab National Bank has disclosed a fraud of USD 1.8 billion at one of its Mumbai branches.
-
In an interview with CNBC-TV18, Sunil Mehta of Punjab National Bank discussed the company's Q3 performance.
-
In Securities and Exchange Board of India’s (SEBI) last board meeting for 2017 on December 28, the market regulator has said that no entity can have stake in more than one mutual fund up to over 10 percent. One instance would be UTI Mutual Fund (MF) where State Bank of India (SBI), Bank of Baroda (BoB), Punjab National Bank (PNB), LIC, the sharehnolders, all have their own separate MF units.
-
PNB Gilts seeing a strong up move in trade as the movement in bond yields helping the company make some outsized gains. In an interview to CNBC-TV18, SK Dubey, MD of PNB Gilts spoke about the latest happenings and his outlook going ahead.
-
Punjab National Bank (PNB) Q1 earnings are in line with expectations. Loan growth and core income however remains weak. In an interview to CNBC-TV18, KV Brahmaji Rao, ED of Punjab National Bank spoke about the results and his outlook for the bank.
-
The top 12 stressed accounts identified by the Reserve Bank of India (RBI) a few weeks ago; Essar Steel has moved the Gujarat High Court against insolvency proceedings.
-
The current debt is at Rs 280 crore, says Siddharth Shriram, Chairman of Mawana Sugars in an interview to CNBC-TV18's Mangalam Maloo and Reema Tendulkar.
